Beginning Wednesday, shipments arriving in the United States from China and Hong Kong worth less than $800 could face 54 ...

What the hell?” That was the question posed at the top of her lungs by my 15-year-old niece, who had just discovered that her favorite online retailer, Shein, would no longer be selling clothes at ...

The world's largest contract electronics maker, Foxconn (601138.SS, 2354.TW) said on Wednesday that despite its quarterly profit rising 91% and beating estimates, due to strong demand for its AI ...

Chinese online retail giants Shein and Temu had previously relied on the so-called “de minimis” exemption to ship low-value items directly to customers in the US without having to pay duties or import ...

WASHINGTON (AP) — Online shoppers in the U.S. will see a price break on their purchases valued at less than $800 and shipped ...

Shoppers got a little relief this week from a giant tariff on previously cheap, duty-free goods from China. But the tariffs ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The de minimis tax law is a loophole that allows low-cost parcels to enter the US duty free and avoid customs inspections if ...

The news comes after Washington and Beijing came to a temporary trade agreement that was hailed as a “total reset” in ...

Gold prices fell on Wednesday as de-escalation in U.S.-China trade tensions weakened safe-haven demand, while markets eyed ...

Before May, carriers didn't pay anything for China packages under $800. Then they paid 120% tariffs. Now, it's just 54%. How ...

The United States has reduced 'de minimis' tariffs on low-value shipments from China to 30%, per a White House directive.